Mainland China launches latest incentive drive to tempt Taiwanese to work, invest
Mainland China's Fujian province has rolled out
another round of preferential policies in a bid to encourage Taiwanese to work in sectors such as EV batteries, medical instruments and broadcasting.
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A policy document released on Thursday laid out 17 measures that aim to support cross-strait exchanges, state broadcaster CCTV reported, as the southeastern coastal province – which has close geographical and cultural links to Taiwan – continues to act as a test bed for the mainland's push for economic, social and political integration with the island.
In the Fujian city of Ningde, at least 100 positions will be created annually over the next three years for Taiwanese to work in the lithium battery industry. People with bachelor's degrees or above will be eligible for an annual subsidy of 50,000 yuan (US$6,900) for up to three years, according to the document.
The city of Putian, one of Beijing's test beds for Taiwan integration. Photo: Shutterstock Images
In the city of Putian, incentives will be provided to entice Taiwanese biopharmaceutical enterprises to establish operations in a designated industrial estate that could include access to free research and development and trial production sites.
Under the policy, individuals who accept offers to work in the medical industry could qualify for rent subsidies of up to 50 per cent at state-owned housing in two districts.
A pilot project has also been designed to incentivise Taiwanese businesses to invest in and set up radio and television production companies. According to the document, applications will be simplified and approval waiting times shortened.
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More than a decade ago, in an effort to foster deep cross-strait economic ties or political loyalty, Beijing started introducing preferential policies for Taiwanese people who seek to study or work in Fujian, which was declared as a 'model zone for integrated development' in 2023.
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